ADT 1.27% $3.90 adriatic metals plc

short term line chart, page-7

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    An update of the weekly chart 2 weeks after first post. We can see now the flag consolidation looked to have been broken. We can also see the first impulse move of about $1.50 took about 8 weeks to complete. With the possible breakout from the flag pattern it is possible the second impulse move have already started from about $1.75. If this impulse move is of the same magnitude as the first one then we can expect a target of about $3.25 in a couple of weeks time. Remember targets are just that; targets.https://hotcopper.com.au/data/attachments/2628/2628109-61e99c5b43b604eee9585afb1a664579.jpg

 
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$3.90
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